Monetary Policy News

Read the latest monetary Policy news, analysis, and market updates on FORECK.INFO.

EUR/USD pushes higher as ECB holds firm and dollar outlook weakens

The euro is gaining ground against the US dollar, extending the bullish momentum formed a day earlier. The EUR/USD pair is testing the 1.1775 level on a potential upside breakout, supported by expectations that the European Central Bank (ECB) is unlikely to ease monetary policy in the near
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USD/JPY Near Multi-Month Highs as BoJ Tightening Fuels Yen Volatility

The USD/JPY pair is trading within a long-term upward trend, forming a corresponding ascending channel. Last week, prices reached two-month highs near 157.75 following the outcome of the Bank of Japan’s policy meeting.
EUR/USD Forecast: Euro Stabilizes Near 1.17 as ECB Holds Rates

The EUR/USD pair is trading within a corrective trend near 1.1716, amid stabilization of the US dollar and the European Central Bank’s (ECB) current monetary policy stance.
USD/CAD Forecast: Pair Tests 1.3790 as Fed Rate Cut Expectations Offset US Dollar Gains

The US dollar is gaining ground against the Canadian dollar in the USD/CAD pair, recovering after the previous session’s corrective pullback. The instrument is once again testing the 1.3790 level for an upside breakout, while the US currency remains under pressure amid expectations of a
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